Braille Energy Systems Inc (BES) — Tangible Net Worth Ratio
Braille Energy Systems Inc (BES) has a Tangible Net Worth Ratio of 100.0% as of June 2024. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$229.78K) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See what is Braille Energy Systems Inc's book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Braille Energy Systems Inc Tangible Net Worth Ratio (2011–2023)
This chart shows how Braille Energy Systems Inc's Tangible Net Worth Ratio has changed across 11 annual periods from 2011 to 2023. As of June 2024, the ratio stands at 100.0%, reflecting net assets of CA$229.78K with intangible assets of CA$0.00 CAD. Also explore net asset momentum of Braille Energy Systems Inc to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Braille Energy Systems Inc (2011–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Braille Energy Systems Inc from 2011 to 2023, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see BES stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$1.22 Million | CA$0.00 | CA$3.28 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$3.10 Million | CA$0.00 | CA$5.13 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$4.40 Million | CA$0.00 | CA$6.04 Million | ▲ +88.5 pp |
| 2018 | 11.5% | CA$1.74 Million | CA$1.54 Million | CA$3.67 Million | ▼ -88.5 pp |
| 2017 | 100.0% | CA$1.01 Million | CA$0.00 | CA$1.42 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$1.34 Million | CA$0.00 | CA$1.35 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$1.47 Million | CA$0.00 | CA$1.52 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$1.65 Million | CA$0.00 | CA$1.72 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$805.57K | CA$0.00 | CA$827.04K | ▲ +0.0 pp |
| 2012 | 100.0% | CA$977.51K | CA$0.00 | CA$978.80K | ▲ +0.0 pp |
| 2011 | 100.0% | CA$197.41K | CA$0.00 | CA$222.16K | — |